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Notable deals for 1985-86
| Calgary Flames acquire | Date | St. Louis Blues acquire | ||
|---|---|---|---|---|
 | Terry Johnson | February 1, 1986 | Eddy Beers |  |
| Joe Mullen | Charles Bourgeois | |||
| Rik Wilson | Gino Cavallini | |||
| Boston Bruins acquire | Date | Washington Capitals acquire | ||
|---|---|---|---|---|
 | Pat Riggin | November 14, 1985 | Pete Peeters |  |
| Buffalo Sabres acquire | Date | Chicago Blackhawks acquire | ||
|---|---|---|---|---|
 | 1986 3rd round pick (#56-Kevin Kerr) | October 15, 1985 | Bob Sauve |  |
| Edmonton Oilers acquire | Date | Pittsburgh Penguins acquire | ||
|---|---|---|---|---|
 | Tim Hrynewich | September 10, 1985 | Gilles Meloche |  |
| Marty McSorley | ||||
| future considerations (Craig Muni) | ||||